TATA STEEL
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The Current P/E Ratio of TATA STEEL is 62.98.
Share Price | ₹130.0 | Jan 24,2025 |
Market Cap | ₹162,285.5 Cr | |
Earnings-TTM | ₹2,576.7 Cr | TTM-Consolidated Results |
Price/Earnings | 62.98x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of TATA STEEL
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹162,285.5 Cr] as on Jan 24,2025
(/) Earnings [ ₹2,576.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 62.98x ]
Thus, for TATA STEEL , the investors are currently willing to pay 62.98 times earnings to own 1 share of the company.
PE Multiples are the most widely used valuation multiple in practice.
Since P/E ratio uses Net Income in the calculation, P/E multiples are not always reliable for valuing companies with negative earnings.
In such cases, you may consider using Price to Book ratio or Price to Sales ratio of TATA STEEL !
P/E ratios, also, would not adjust for differences in the capital structure between companies.
The chart below summarizes the trend in P/E Ratio of TATA STEEL over the last five years.
Historical PE (Price/Earnings) ratio chart of TATA STEEL
PE Ratio Performance Analysis for TATA STEEL
- TATA STEEL 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 3.65x.
- TATA STEEL 's operated at median p/e ratio of 1.3x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TATA STEEL 's p/e ratio peaked in Mar2023 at 14.56x.
- TATA STEEL 's p/e ratio hit its five-year low in Mar2024 of 0x.
How does TATA STEEL 's P/E Ratio benchmark against top 10 peers in Steel & Iron Products Industry?
Peer Comparison (Steel & Iron Products Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
TATA STEEL | 2,576.68 | 62.98 | 162,285.5 |
JSW STEEL LTD | 3,478.00 | 65.55 | 227,977.0 |
JINDAL STAINLESS LTD | 2,435.40 | 21.41 | 52,136.4 |
STEEL AUTHORITY OF INDIA LTD | 1,985.51 | 22.51 | 44,692.3 |
APL APOLLO TUBES LTD | 634.39 | 68.27 | 43,309.1 |
MOTHERSON SUMI WIRING INDIA LTD | 660.25 | 36.86 | 24,338.2 |
RATNAMANI METALS & TUBES LTD | 531.14 | 37.74 | 20,045.3 |
SHYAM METALICS AND ENERGY LTD | 837.39 | 25.89 | 21,678.8 |
WELSPUN CORP LTD | 849.10 | 24.43 | 20,741.3 |
JINDAL SAW LTD | 1,831.36 | 8.58 | 15,719.1 |
MAHARASHTRA SEAMLESS LTD | 862.05 | 10.09 | 8,701.9 |
Steel & Iron Products Industry Benchmark (Top 10) PE Analysis vs TATA STEEL 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 8.58x |
Max industry PE | 68.27x |
Median industry PE | 25.89x |
Average industry PE | 34.94x |
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